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#taco

9 posts9 participants0 posts today

This would be a very welcome development if we thought for a minute he was serious about it.

But, you know, #TACO.

I heard on the radio this morning that the Russian stock market was up 3% on the news, which I guess tells you all you need to know about how serious he is.

cnbc.com/2025/07/14/trump-trad

CNBCTrump threatens 100% tariffs on Russian export buyers unless Ukraine peace deal is reached by SeptemberTrump's tariffs could hit China, India and Brazil especially hard. All three countries are top buyers of Russian fossil fuels.

This #USPol scenario is on my mind:

#Trump, having seen #inflation stabilized since he first implemented some #tariffs, thinks he's smarter than economists.

Self-confident and tired of ppl calling his #TACO bluff, he holds firm on the deadline. Markets crash. We get #Stagflation. He gets causation backwards and fires Jerome Powell to get his big rate cuts. Ppl flip to TIPs and abandon regular Treasuries. Mortgage rates soar. Trump panics. He fires BLS/BEA workers to fix the numbers. Doom loop.

Replied in thread

@wdlindsy If this essentially amount to burning down his own country, I say, let him at it. He refuses to understand how this works; and countries who pander to him by giving some concessions are only going to get hit with another punishment of some kind soon enough again. Time to ignore his tarriff threats and build business links with everyone else.
Also, these tariff threats are nothing more than pump and dump. His associates will and have done this already in his previous such announcements - it enriches those in his circle; but only if the stock market and other countries react to each tariff announcement. Have they not learned this already?
Ignore. Walk away. Do something else. Trade elsewhere; and the result will be #TACO.